Webster Financial Corporation Buyback
OLI recorded this information on 12/7/2012
Company:
Webster Financial Corporation
Buyback:
WBS buyback
$Amount Authorized:
$100,000,000
Buyback Details:
Webster announced that its Board of Directors has authorized a $100 million common stock repurchase program under which shares may be repurchased from time to time in open market or privately negotiated transactions, subject to market conditions and other factors.
Webster Financial is a bank holding company and financial holding company. Co., through its subsidiary, Webster Bank, National Association (Webster Bank) and its HSA Bank division, delivers a range of banking, investment, and financial services. Webster Bank serves consumer and business customers with mortgage lending, financial planning, trust, and investment services through a distribution network consisting of banking centers, ATMs, a customer care center, and a range of web and mobile-based banking services. HSA Bank is a provider of health savings accounts and also delivers health reimbursement arrangements, and spending and commuter benefit account administration services.
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Preferreds: WBS.PRE, WBS.PRG, WBS.PRF
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Avg. Broker Rec.
 
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Strong Buy (3.53 out of 4) 60th percentile
(ranked higher than approx. 60% of all stocks covered)
Analysts' Target Price: WBS Stock Forecast Based on Zacks ABR data; powered by Xignite |
